Hour 2 – Politics
- Segment 1 & 2 – Big Al is privileged to speak with a true American by the name of David Horowitz.
- Segment 3 – Investigative reporter Daniel Greenberg from the David Horowitz Freedom Foundation discusses the attitudes of the press.
- Segment 4 – We continue our discussion with Daniel Greenfield concerning terrorism’s support in America by the Progressives.
Has Joe Biden had a recent mini stroke?
I notice in his speech yesterday he was slurring words slightly.
Of course, he could have had a little too much alcohol.
U.S. citizens will not tolerate a green new deal. It could not be implemented in any practical way sufficiently quickly, that an election would not occur during implementation, causing a reversal of policy.
I have not noticed that in Biden’s speech.
Actually Joe Biden does not really interest me as a potential candidate anymore. David Horowitz actually make so much sense to me that I am going to stick with Trump. How about you CFS?
Anyone thinking Joe Biden could help the American people has to be BRAIN DEAD……he is part of the on going problem……like congress , that have been making a fortune on the backs of the AMERICAN PEOPLE….JMO
have to has
My initial thoughts about Biden is that possible he could get the country working together as a single unit again. I have totally changed my mind about this simply because I am convinced that he is truly now part of the problem.
Biden sold out a long time ago………a total washing out of just about 90% of congress is a necessity …..if, anyone expects to return to the American Way of life…..
Well, of course, that is completely obvious Jerry!
Not to everyone …..or else , we would not be talking about it…. 🙂
I believe the lunatic left are being heavily promoted by the media so that someone claiming to be centrist (regardless of their true beliefs) can probably be nominated and elected.Opinions in my state are so controlled and left-wing that I am concerned with the future of the country.
https://www.youtube.com/watch?v=6den-SEYXb0
Tanks, David Horowitz.
Daniel Greenfield prognosticates:
thanks for high lighting Daniel.
Thanks CFS, I will watch him shortly. I did watch the video in its entirety featuring the female writer expounding on the Mueller investigation and i asked Cory to post it. I thought that it was a great summary of the conservative view of exactly just what went on.
Thank you Mr. Horowitz…Please return and expand on the methods by which globalists use Muslim migration as a destabilizing force of national soveriegnty..eg…..In the 1980’s once muslim migration hit 10%(koran listed level) the otake over of jordan democracy by isllamism launched….
Thanks Larry, I will see if David has the time to do that. If he does not, I will certainly invite one of his colleagues to discuss it.
Best,
Al
CORRECTION….I was meaning LEBANON not jordan…the lenanese were wiped out by the islamic migration turned to an invasion route in 1980’s…remeber the marine base being rammed by explosive trucks under REGEAN presiidency
https://www.youtube.com/watch?v=HV0cS1TGve4
Chris Hedges……..author ……Empire of Illusion
Great tape……TBTF….received $29 TRILLION , think about it, the next time you think the FED is doing anything for anybody.
Ah come on, Jerry.
The important thing is that Trump is doing what Bubbly NuttyYahoo wants.
Remember what a politician once said…ask not what your country can do for you…ask what your country can do for Israel! 🙂
And being the tax mules it’s our job to pay to Make Israel Greater Again. And if you send me some shekels I will send you a MIGA skull cap.
Have we Fallen Prey to a CULT LEADER………..the Chris Hedges has some interesting comments concerning WHITES and TRUMP……remember Large corporations are running the show.
BTW….I do not agree with everything that Chris says……but, a lot of good food for thought…..which we should all be concerned with in the coming weeks.
I agree with what you say. Not much I agree with Hedges on regarding economics but he says a lot of truth regarding corporatism, and militarism/foreign policy.
+1 Ebolan
Make Israel Greater Again skull cap here
And Biden’s takedown begins:
Good comments by Mr.Horowitz. He brings up many points that the average Joe isn’t aware of. It would be good if some lefties purchased his book, but that’s probably not going to happen.
Trump is doing a great job putting socialism on trial. The sheep are awakening, finally.
Even if Hannity can’t pronunce Mifsud’s name, here comes the five eyes role in the attack on Trump exposed……beginning to pull the drain plug on the deep state.
Thanks Daniel,
I thought the term Anti-Semite was misleading but after a bit of research if found that Anti-Semite is actually a correct term in that it includes all the descendants of Noah “Descendants of Shem”. A more accurate term would be Anti-Human. The globalist pro Satan luciferin agenda is definitely anti-Human and anti-Christian. This is aligned with the false religion of Islam. Both are pushing the anti-human pro-slavery pro-pedophile agenda.
The economy is better than the main Stream media indicates.
https://www.youtube.com/watch?v=NrGLGN4CHvE
But…..the weak spot in Modern Monetary Theory is liquidity.
It will be possible to expand the economy (despite generating inflation, which will happen) in order to make the debt LESS relevent, but as the economy expands at a greater pace than debt, it will be necessary to raise the debt ceiling.
With a Democrat controlled House, it is possible to cause problems by not raising the debt ceiling, causing liquidity problems.
Just REPOSTING THIS……….for discussion……….and the WEEK END DRAW is a little larger
On May 3, 2019 at 1:49 pm,
OOTB Jerry says:
The following are 19 facts about our current economic performance that should deeply disturb all of us…
#1 In April, U.S. auto sales were down 6.1 percent. That was the worst decline in 8 years.
#2 The number of mortgage applications has fallen for four weeks in a row.
#3 We just witnessed the largest crash in luxury home sales in about 9 years.
#4 Existing home sales have now fallen for 13 months in a row.
#5 In March, total residential construction spending was down 8.4 percent from a year ago.
#6 U.S. manufacturing output was down 1.1 percent during the first quarter of this year.
#7 Farm incomes are falling at the fastest pace since 2016.
#8 Wisconsin dairy farmers are going bankrupt “in record numbers”.
#9 Apple iPhone sales are falling at a “record pace”.
#10 Facebook’s profits have declined for the first time since 2015.
#11 We just learned that CVS will be closing 46 stores.
#12 Office Depot has announced that they will be closing 50 locations.
#13 Overall, U.S. retailers have announced more than 6,000 store closings so far in 2019, and that means we have already surpassed the total for all of last year.
#14 A shocking new study has discovered that 137 million Americans have experienced “medical financial hardship in the past year”.
#15 Credit card charge-offs at U.S. banks have risen to the highest level in nearly 7 years.
#16 Credit card delinquencies have risen to the highest level in almost 8 years.
#17 More than half a million Americans are homeless right now.
#18 Homelessness in New York City is the worst that it has ever been.
#19 Nearly 102 million Americans do not have a job right now. That number is worse than it was at any point during the last recession.
ZEROHEDGEhttps://www.zerohedge.com/news/2019-05-03/try-claiming-america-booming-after-reading-these-19-facts-about-our-current
Reply to this comment
On May 3, 2019 at 5:26 pm,
Ozibatla says:
Those are some damning facts if true Jerry.
Reply to this comment
On May 4, 2019 at 8:52 am,
Excelsior says:
OOTB – Thanks for posting those 19 facts from the article.
That is not a very robust picture of the economy despite all the pundits chest-beating about how healthy and strong the economic picture is.
There is sickness under the surface and many early warning signs covered up by a juiced up stock market where only a few high flyers are holding the index up, but the breadth is shrinking. There are many stocks in the general indexes putting in 52 week lows as Dana Lyons mentioned earlier in the week.
Reply to this commen
What is NOT INCLUDED in the above list….
INCREASES IN ON-LINE SALES.
So strip malls are dying……wasn’t that predicted?
All major bricks and mortar retailers are moving to increase on-line sales……more efficient, fewer workers needed.
Amazon financial data: (in Millions)
Dec 18 Dec 17 Dec 16 Dec 15 Dec 14
Total Revenue:
232,887 177,866 135,987 107,006 88,988
A total paridgm shift (sorry about the misspelled word!) CFS that I never in my wildest dreams thought would every happen!
The world changes.
Sometimes for the better, sometimes for the worse.
Some Luddite conservatives stick their heads in the sand and complain.
Some conservatives accept reality, see things as they are and try to create further change in the “right” direction; knowing they cannot please everyone.
Professor…….I guess the Luddite conservatives…..know the difference between technology that serves, verse govt. sponsored kick back machines spying machine.
Bezo, should have already been bused for Sherman Anti Trust…..When your trillion dollar company pays ZERO in INCOME TAXES…it is pretty easy to have top notch technology…. 🙂
Professor…….I guess the Luddite conservatives…..know the difference between technology that serves, verse govt. sponsored kick back spying machine.
Bezo, should have already been bused for Sherman Anti Trust…..When your trillion dollar company pays ZERO in INCOME TAXES…it is pretty easy to have top notch technology….
busted….not bused
On line sales by AMAZON, ….
You should mention, that BEZO….is competing with the suppliers that make up Amazon sales…..Independent people who utilize the platform of Amazon. These individuals will soon be out of an INCOME…..and JOB(and Business)
And will not show up on the unemployment figures….can not collect on Workman’s Comp.
Increase sales…of ON LINE SALES…….is just stealing and taking away from the TOTAL SALES….no new income is being created……..THAT IS A JOKE…..
I dunno Jerry, what about the folks working in fulfillment at Amazon. Also the amount of jobs created at Amazon itself if huge.
I have commented before that I do not like the politics of Bezos, or his business model and cannibalism of small retailers, however I will admit that his ruthless business model IS HIGHLY EFFICIENT. Bezos, more than anyone has kept inflation low.
Further, OOTB, you are wrong about no increase in sales overall.
Thanks for bringing up the sales figures. And yes, CFS the Bezos model of business is very efficient but also very cut-throat to the small retailers of our country. Kind of like when Walmart first started.
CFS….I opened your report….which is just reporting false numbers from the govt……
The unemployment numbers are still on the DEBT CLOCK……go and see how many are not working…..95 MILLION……..
The unemployment number in 2000……was 80 MILLION…….
I think JOHN WILLIAMS will be a guest on usawatchdog….tomorrow……
LET’S POST his NUMBERS…….
Here are the LATEST data Released Apr 29-May 3, gifing month over month changes:
Personal spending (Feb) +0.1%
PCE index +0.1%
Core PCE Index +0.1%
Case-Shiller Home Price index (y o y) 3.0%
Pending home sales 3.8% (Mar)
MBA Mortgage applications -4.3%
Employment Change + 275K
Construction spending –0.9% (Mar)
Productivity 3.6% Prelim Q1
Unit Labor costs -0.9% prelim Q1
Factory Orders 1.9% (Mar)
Average hourly earnings 0.2% (Apr)
Unemployment rate 3.6% (lowest since 1963)
Average work week 34.4 hours
Retail inventories -0.3%
Wholesale inventories unchanged
Your print…….is govt propaganda……..the employment number is BS….
the Numbers which you printed are not even the same stats or comparison since 1963…
I am going to print this twice…….
https://www.zerohedge.com/news/2019-05-04/crash-us-economic-fundamentals-accelerating
The most promoted and and by extension most rigged indicators include GDP, unemployment, and inflation. I would include stock markets to a point in this list, but as I’ve always said, stocks are a trailing indicator and never tell us accurately when an economic crash is taking place. If anything, stocks are and always have been a placebo for the masses, a psychological crutch meant to lull them to sleep while the crash begins. Other than that, they have no value in determining the health of the system. As a lagging indicator, we will cover stocks at the end of this analysis.
Williams says, “The economy is tanking, and I’ll contend it already has, although we have not seen it in the GDP reporting. . . . The ultimate thing here is you have a collapse in the dollar. I am talking about a hyperinflationary collapse.
IT IS SUNDAY>>>>and John William report or comments are out…..see bottom of blog for info………John has some interesting comments at 3 min mark……
Thanks very much Jerry.
I kind of figured that something was drastically wrong because I recently shut down my consulting business in order to simplify my reporting requirements to the various taxation authorities. In order to do this in a “clean” manner I had to reshuffle some assets and also some liabilities. What I thought would be a simple and fairly quick procedure turned out to take about 90 days because of all the requirements and gyrations of Well Fargo. I finally got the deal done and hurt absolutely no one financially.
About two months into my efforts, it became very obvious to me that there is something very wrong with both the institutional and consumer side of the American economy.
You are welcome…..OWL…….
The specific statistics posted by are both skewed and often irrelevant.
e.g. In a society which has open borders and has a population expanding at over a million per year, do you expect homelessness to increase or decrease?
Wisconsin farmers going bankrupt?
Didn’t Canada jjust raise import Tariffs, supposed to protect Canadian farmers, cutting milk imports dramatically.
Luxury Home sales plummet…..What do you expect after the Fed raised interest rates for the first time in many years?
The 19 or so “stats” reproduced are just not indicative of the real economy.
May I suggest someone has been reading and reproducing fake propaganda?
Yes, you may,……if, you want to cherry pick some numbers, and go around the real issue.
Lux Homes sales are down because the tax deduction ….not because the increase in interest rates…..Lux meaning above $1 million….
You’re probably partly right, but sales also slightly down in states with NO property tax.
That would be interest mortgage deduction, a credit/reduction off your federal income tax,which would be applicable in every state.
Max amount deductible in interest $850,000…which is a big change.
Wisconsin …..
The collapse of multi-generational family farms has sent bankruptcies in the Midwest to ten-year highs.
“Bankruptcies in three regions covering major farm states last year rose to the highest level in at least 10 years. The Seventh Circuit Court of Appeals, which includes Illinois, Indiana and Wisconsin, had double the bankruptcies in 2018 compared with 2008.
The MSM anti-Trump bias is being exposed:
So much great stuff happening around the globe right now.
Liberation of Venezuela.
Yellow vest for liberty in France.
Swamp drainage in the US.
Now this:
https://mobile.twitter.com/beer_parade/status/1124435173632872449?s=19
So much great stuff? I would probably change the word “great” to “thought provoking”!
The truth about who and what foreign powers tried to overthrow POTUS. The city of London and Vatican City were right in the middle of it!
The enemy from the start:
Revolutionary war
War of 1812
The civil war- act of 1871- the fed- admiralty law- the UN tyranny treaties- constant wars and here we are.
The Russia collusion turned Russia delusion.
Russia and the United States have always shared the same enemy. And that truth is coming out real soon.
( the untold history is how Russia protected the US from invasion during and after the civil war)
“Russia and the United States have always shared the same enemy. And that truth is coming out real soon.”
How many Romanov Czars did they murder? Three?
I believe Jacob Schiff’s role in the last case is well established. It’s no secret who were his associates.
No doubt foreign powers aided breaking of 4th amendment by FBI/CIA coup attempt, but I believe the coup was internal U.S. politically-driven, not an attempt by a foreign power.
(Certainly NOT Russia)
Joe Biden took his son Hunter on official trip to China – ten days before communist regime’s bank signed deal with private equity firm Biden jnr runs with John Kerry’s son, book reveals
Joe Biden’s son Hunter opened a private equity firm with the step-son of Sen. John Kerry
Kerry and Biden were colleagues in the Senate for deaces
Hunter flew to China with his father aboard Air Force Two when the deal got made
The state-owned Bank of China made a deal with the younger Biden’s Rosemont Seneca Partners LLC
Kerry and Chris Heinz run the $2.4 billion private equity firm
The deal is explored in a new book by the author of ‘Clinton Cash’
The deal was finalized within days of the visit
https://www.dailymail.co.uk/news/article-5507429/Bidens-son-Hunter-deal-Bank-China-fathers-trip.html
Thanks for reminding us all of that event. I remember that when I read about it I was kind of surprised.
Listened to Horowitz
“The government of the United States is not, in any sense, founded on the Christian religion.”
—John Adams
Why do people keep insisting that the U.S. was founded on christianity?
Are they honestly that ignorant of history?
Was Adams wrong?
So Horowitz hates Muslems because Muslems hate infidels.
Jews on the other hand figure all goy are meant to serve them.
Whats the dif?
Biden is a pawn? Who in the U.S. government is not?
Muslems hate Israel because its a democracy, is that what Bush said? They hate us for our freedoms? Laughable.
Muslems cant stand Israel Mr Horowitz because the Zionists of Israel are committing a genocide supported by the U.S. and Britain etc
It has nothin to do with democracy or freedoms.
Health care takes away freedom? Really?
I live in Canada, should I need health care I get it without concern altho I may have to wait for specialists.
Hopefully that gets rectified sooner than later.
Mr Horowitz, your living in a police state run by Israel, banks and an mic.
You have 1 right in the U.S. as Carlin pointed out “You have the right to, right this way.”
Having said all that, I would rather live here than Indonesia.
I see people like Horowitz as demented as in having dementia or at least delusional.
No offence to anyone, I know there is alot of support here for Israel and the Zionists.
b,
It all depends on what the meaningof “is” is…..doesn’t it?
Be very careful with semantics when trying to make a point.
You quote John Adams, in stating the U.S. is not founded on the Christian religion.
True, we are guaranteed religious freedom.
However the U.S. was founded by Christians, and, WHETHER STATED OR NOT, the U.S. is based on Judeo-Christian ethics and morals, not those those of intolerant Islam.
We certainly agree on this CFS!
Not intolerant Islam?
How tolerant do you think the aboriginals figure the christians were?
As I recall the First “thanksgiving”, the aboriginals did not object.
Later, politicians got involved and changed things. As often, greed and a ‘might makes right’ attitude changed the nature of the U.S. forever.
But then, again, when the true history of the U.S. is eventually written, we will probably find aboriginal “mis-conduct”.
Already we know the Clovis people were NOT the original inhabitants of North America.
Genetic studies are re-writing the history considerably.
We know the first 100,000 years is NOT in the historical textbooks.
Much civilization, like the Mammoths and mega-fauna, was wiped out by Ice ages, and we are now only beginning to learn the true history.
I will agree with CFS here — regardless of the ‘founding fathers’ the people who settled and built the US were overwhelmingly Christian, and the system was made for people with those cultural traits and values.
As always, I call BS on CFSs sacred cow of ‘Judeo-Christianity’.
Jews in Jerusalem spit on Christians on a regular basis.
When I refer to Judeo-Christian morals/ethics I’m basically referring to 6 or 7 of the Ten Commandments.
Morning b, I would say that the ideal concepts of America were created using Judeo-Christian principals. By this I mean that our Constitution is a pretty “fair to all” document. Unfortunately that is being changed as I write this comment.
If you consider fairness and honesty to be derived from Judeo-Christian principles I think that, in a sense you might be a bit off base. Comments?
The Founding Fathers were not religious men, and they fought hard to erect, in Thomas Jefferson’s words, “a wall of separation between church and state.” John Adams opined that if they were not restrained by legal measures, Puritans–the fundamentalists of their day–would “whip and crop, and pillory and roast.” The historical epoch had afforded these men ample opportunity to observe the corruption to which established priesthoods were liable, as well as “the impious presumption of legislators and rulers,” as Jefferson wrote, “civil as well as ecclesiastical, who, being themselves but fallible and uninspired men, have assumed dominion over the faith of others, setting up their own opinions and modes of thinking as the only true and infallible, and as such endeavoring to impose them on others, hath established and maintained false religions over the greatest part of the world and through all time.”
If we define a Christian as a person who believes in the divinity of Jesus Christ, then it is safe to say that some of the key Founding Fathers were not Christians at all. Benjamin Franklin, Thomas Jefferson and Tom Paine were deists–that is, they believed in one Supreme Being but rejected revelation and all the supernatural elements of the Christian Church; the word of the Creator, they believed, could best be read in Nature. John Adams was a professed liberal Unitarian, but he, too, in his private correspondence seems more deist than Christian.
Thx Jerry
I dont argue the point christians conquered the continent, my point was only that the nation was not supposed to be founded in christianity.
To say the nation was founded on christianity is a deception.
Way too much history gets twisted.
PCR writes a good article.
The first slaves brought to the North American British colonies were white. As Don Jordan and Michael Walsh document in White Cargo: The Forgotten History of Britain’s White Slaves in America (New York University Press, 2007), the first slaves were white children. Beginning in 1618, the authorities in London began sweeping up urchins from the slums and shipping them to the colonies. “They were sold to planters to work in the fields and half of them were dead within a year. Shipments of children continued from England and then from Ireland for decades.”
Undesirables—convicts, prostitutes, beggars, Quakers, Catholics—were pressed into slavery and sold in the colonies.
How many people ya think know that? (for example)https://www.paulcraigroberts.org/2019/05/03/white-people-will-be-rubbed-out-along-with-their-history/
Ya think maybe the story of the founding gets twisted because the founders may have been considered pagan?
It is always good to correct, those who may think they are right, when history tells exactly the opposite……..History is not taught any longer in High School, and has been twisted for over 70 to 100 yrs. and longer. This is by design, most people have not caught on to the trick……It, is a shame that we have been talking about some of the same issues for many years., and some seem to be deaf. …Just blows my mine.
The funny thing…….the jews owned the ships………
b, good comments on white slaves.
OOTB, ships funded by ‘fake Jews’.
Kind of like those fake jews in washington…. 🙂
As I have often stated, I am not a Christian or a Jew.
However I do believe that any civilized society must agree on a set of generally accepted ethics and morals. Although slightly modified over the years, it is ABSOLUTELY CLEAR that the set of basic morals on the which U.S. is based is that of Judeo-Christianity, not Islam.
I will fight to the death to preserve those principles for my country.
I believe in the right to worship any deity you choose, as long as it does not interfere with the rights of other citizens.
I believe you should not murder, should not steal, should not commit adultery, etc.
I try always to adhere to the principle of the Golden Rule.
(without prejudice or preference to sex, race or color.)
You have to adhere to the rules…….or you arce will be in jail…..unless you are an elite.
you to your……..but the same arce….. lol
As I was speaking with David I thought of you, b, and was pretty sure that you would make a comment like you did.
Here is my response. At least David’s Freedom Center for the most part stresses conservative ideals which I respect. I also think that he effectively points out the dangers inherent with the Progressive Movement in
America.
In my mind these dangers are led by the total lack of moral values which it espouses. This lack started with Bill Clinton and his acceptance by the American public.
I also don’t have a huge fear of Israel as some folks do. As I have said numerous times in the past, I do think the country does flex its muscle perhaps a bit too strongly at times. But then again, they make sure that their enemies “know the devil that they face”. Remember that many Muslims subscribe to the idea that Israel does not have the right to exist and the way to accomplish this is to eradicate all the people. (Remember that this was tried before in the late thirties an part of the forties.)
I respect many of the principles that he pushes. A great example of this is seen in the video that Cory will shortly publish which accurately summarizes the Mueller investigation and most everything surrounding it.
“Remember that many Muslims subscribe to the idea that Israel does not have the right to exist and the way to accomplish this is to eradicate all the people. (Remember that this was tried before in the late thirties an part of the forties.)”
Let’s break that down, Al.
“”Remember that many Muslims subscribe to the idea that Israel does not have the right to exist” — I think you are correct here.
“and the way to accomplish this is to eradicate all the people.” — Can you provide some examples other than the blatant mis-quotes of Ahmadinejad?
“(Remember that this was tried before in the late thirties an part of the forties.)”
Probably just a lie, Al. That plenty died, sure. That it was a project “to eradicate all the people”? Propaganda from the Synagogue of Satan.
Six million? Probably more like a couple. But of course, that’s much more important than the 60 million Christians that were killed, by the mechanations of that same Synagogue of Satan, aka the bankers who finagled and financed the World Wars.
The frustrating thing with dialogues here, Al, is that facts seem largely irrelevant. Regardless of info presented that ought to impact views, it seldom does.
I put my hope in millenials whose thinking is not yet ossified. They deserve better than they’ve gotten, but they have to keep playing the cards they’ve been dealt by their elders who can’t see their way out of the predicament they’ve blundered into.
https://www.zerohedge.com/news/2019-05-04/crash-us-economic-fundamentals-accelerating
Just more info on the economy……
When looking at the health of an economic system it is impossible to gauge growth or stability by only taking two or three indicators into account. The problem is, this is exactly what central banks and governments tend to do. In fact, governments and central banks wildly and deliberately promote certain indicators as the signals everyone should care about while ignoring a whole host of other fundamentals that do not fit their “recovery” narrative. When these few chosen indicators don’t read well either, they rig the numbers in their favor.
The most promoted and and by extension most rigged indicators include GDP, unemployment, and inflation. I would include stock markets to a point in this list, but as I’ve always said, stocks are a trailing indicator and never tell us accurately when an economic crash is taking place. If anything, stocks are and always have been a placebo for the masses, a psychological crutch meant to lull them to sleep while the crash begins. Other than that, they have no value in determining the health of the system. As a lagging indicator, we will cover stocks at the end of this analysis.
NOTE THE WORD>>>>>>>>RIGGED INDICATORS……….
I have always kept in mind that all numbers are really a matter of interpretation.
I assume by “rigged” you mean less meaningful, because the true inflation adjustment is not totally correct.
That does NOT mean the trend (month over month change or quarter over quarter change) is not highly meaningful.
Unless you are trying to imply there is a deliberate incorrect reporting of the raw data.
I do not believe the raw data is incorrectly reported. There are assumptions made, which are problematic….like birth/death modelling, but it is always applied the same way, so month to month variations are dependable.
(Bearing in mind they can be volatile due to weather, port strikes, tariff changes, etc.
Get with Professor……..You have got to be kidding me……
Fitts has gone over the MISSING $21 TRillion many times…..
This is the same GOVT…..that has a bunch of crooks running the printing press.
THE FED………Gave the Crooked TBTF……$25 TRILLION …..where is that number and money coming from…..per Chris Hodges
Thanks Jerry. When you have time please elaborate on this comment as it is a very valuable one and I, for one, would really appreciate it.
Hello Owl…..I have posted for the last several week, ….reports and numbers, that show the economy is not what it appears….After several years…….How in the heck can we believe any numbers from a FAKE FED, and a US govt. that can not even balance their books, and allows $21TRILLION to go missing at the Pentagon ….The person in charge of the accounting was in charge of the account , and is now Trumps right hand man ……
All the numbers that are reported, …do not jive with reality.
Mick Mulvaney, acting White House chief of staff
Michael “Mick” Mulvaney is the current director of the U.S. Office of Management and Budget. President Donald Trump chose him for the position on December ..
sarcasm on….
I suppose that was why many earlier reported numbers were adjusted quietly up not down.
sarcasm off.
Most likely…….you have not read the entire report……like usual…… 🙂
I suggested earlier………We wait to see what JOHN WILLIAMS has to say….. 🙂
And, CFS, and those numbers “adjusted quietly up are?”
Without spending half an hour digging out exact numbers…
Some export numbers were adjusted up,
Import numbers adjusted down.
And manufacturing up.
The only bad readjustment I recall was energy consumption.
(But that could be explained either by colder weather or by increased manufacturing requiring more energy.)
An extra half hour ,,,,,would help validate your point…. 🙂
Mifsud is not a Russian asset.
William Barr Knows Why the Mueller Team Never Interviewed Joseph Mifsud and Natalia Veselnitkaya
Fake Work
Clarity. Simplicity. Elegance. These fundamentals are all in short supply. But are they in high demand? As far as we can tell, hardly a soul among us gives much of a rip about any of them. Instead, nearly everyone wants things to be more muddled, more complicated, and more crude with each passing day. That’s where the high demand is.
Is Trump not trying to cut regulations?
I think we are going in the right direction.
Give me an article which proves the point……
We will know in the next 6 months , if , we are going in the right direction,…..
Here is a good one for the College Educated crowd….
https://www.zerohedge.com/news/2019-05-04/almost-half-college-students-are-going-hungry-survey
Note: I am not saying University is not over-priced and under-delivers)
The study was mostly polling of CUNY students.
(Somewhat localised.)
If you go to the Temple University Study, instead of reading the headlines, you will find this statement:
“The movement has largely focused on community and state colleges, as there are more low-income students who attend them. Hunger can force students to drop out of school to work more, which inhibits academic success, said Nicholas Freudenberg, a distinguished professor at CUNY’s Graduate School of Public Health and Health Policy. Another ramification is an increase in student loans to cover living expenses, Dr. Goldrick-Rab said. (National student debt now totals about $1.5 trillion.) ”
Cfs comment:
The wording of that statement alone tells me that the research has a bias.
Good we agree…….college is overpriced, and under delivers……for a reason….
Here is some details on the farmers……..
https://www.zerohedge.com/news/2019-05-01/boon-times-auction-houses-american-farmers-go-bankrupt
In an earlier report, our analysis of federal data showed the number of farmers across the Midwest filing for bankruptcy soared to its highest level in a decade. Now it seems some of those farmers are closing up shop, liquidating machinery and land, all to stem financial pressure, a dozen or so farm-equipment auction houses
The collapse of multi-generational family farms has sent bankruptcies in the Midwest to ten-year highs.
“Bankruptcies in three regions covering major farm states last year rose to the highest level in at least 10 years. The Seventh Circuit Court of Appeals, which includes Illinois, Indiana and Wisconsin, had double the bankruptcies in 2018 compared with 2008.
I don’t know about the accuracy of Zerohedge. !!!!! Normally a trusted source.
Chapter 12 total farm filings in 2018 totaled 498 and were DOWN approx1 percent, or three filings, from the 2017 calendar year.
This agrees with recent Farm Bureau analysis that revealed that Chapter 12 bankruptcy filings were lower when comparing filings from fiscal year 2017 to fiscal year 2018 (Google Farm Bureau,Chapter 12 Bankruptcies Lower Across Farm Country)
Statistics from the U.S. Courts also show Chapter 12 filings during 2018 were down slightly from the 10-year average of 504 bankruptcies per year.
Source:
https://www.uscourts.gov/statistics-reports/caseload-statistics-data-tables
There’s statistics and damned statistics…….again.
There are two extra factors I should include:
Since the statistics are low in volume that it is possible to pick some states, Wisconsin and Michigan and leave out Ohio, and get the rate of bankruptcies to appear to increase, presumably because of bad weather or marginal land (I don’t know the cause.)
Second, there is a reduction of the total number of farms each year because bigger farms are swallowing small family farms every year.
There also were changes in death taxes under Obama.
I do not have capability of investigating that effect, but presumably it would tend to increase bankruptcies after a death in the family ownership.
My impression is statistically the changes are negligible and don’t deserve any headlines either way….changes are down in the noise.
I have no way from my limited search of singling out “multi-generational farms”, but would assume the death taxes changes to be most responsible for bankruptcies.
Bottom line………if, everything was so great…..there would be NO Bankruptcies …. 🙂
Time for light relief….
Light headed relief in California…….morons
https://www.zerohedge.com/news/2019-05-04/california-high-school-erase-george-washington-mural-traumatizes-students
Not only is Uncle Joe a creep and a pervert, he is corrupt as Hell.
Just look at what he and his kid did in Ukraine and China.
Those b@stards should be doing hard time in prison for life.
Instead they make fortunes…
And chew on this. If you don’t think your rulers and their minions will gun you down in cold blood like a dog just watch this horrifying video. Then think about the Bidens and their criminal fortune. This is the way things work in the USAA. MAGA my fat ass!
https://www.youtube.com/watch?v=eEswP_HSFV4&feature=youtu.be
If by now you don’t realize that this is a government of the criminals, by the criminals, for the criminals and is the greatest criminal enterprise in history then you are nothing but a brain dead sheeple!
JOHN WILLIAMS…….shadowstats…….THE REAL NUMBERS
https://usawatchdog.com/recession-already-in-place-watch-out-john-williams/
Williams says, “What we saw was the very unusual narrowing of the deficit . . . that’s generally good news . . . but if you look at why the trade deficit was narrowing, it wasn’t that we were having new surging exports . . . instead, we were having collapsing domestic consumption.
Williams says, “The economy is tanking, and I’ll contend it already has, although we have not seen it in the GDP reporting. . . . The ultimate thing here is you have a collapse in the dollar. I am talking about a hyperinflationary collapse.
…..Professor…..listen to John about the 3 min mark…
Interesting some of the numbers that were gathered were not in place concerning the GDP.
Three estimates on the GDP…..there were only TWO MONTHS…..in lieu of THREE MONTHS……, I mentioned this earlier this week…..
Trade deficit ….comments at 6 min mark…..suggest something different than robust economy…..
Dang……no comment…….
If the price of agricultural land in The US has been going up to supply The Chinese market and now with China not buying some Canadian and US agricultural products in retaliation for Huawei, we should start seeing the smaller farm banks in The US start to fold. In Canada the farmers can’t sell canola to China and last week there was another agricultural product added to the list. Prices of farm property leap when times are good and farmers take out billions based upon exaggerated land values. When agricultural prices drop farmers cannot get enough money from their crops to pay the increased valuation of their mortgages. Farm banks are pushed to the wall trying to get the farmer’s money, the end result is bankruptcy. Cheap money floats around finds a home, builds a bubble and then bursts. It destroys all who don’t understand the perils of debt. We live in a bubble economy where all segments of society get destroyed eventually, until the ultimate crash. DT
Jerry, many people don’t understand how much damage is being inflicted by very low interest rates over a long period of time and how it just doesn’t affect the homeowner, it has seeped into all aspects of the nation’s economy. DT
I agree with you Dick, ….people do not understand
Wisconsin Dairy……PROBLEMS……in response to CFS….
At the same time, foreign markets for American dairy products have shrunk in response to tariffs that President Donald Trump placed on foreign steel and aluminum. Cheese shipments to China have fallen almost 65 percent, according to industry figures, and exports to Mexico are down more than 10 percent.
https://www.jsonline.com/in-depth/news/special-reports/dairy-crisis/2019/02/21/wisconsin-dairy-farms-failing-milk-prices-fall/2540796002/
I see two problems immediately with your story.
1. USAToday source.
2. Size of Dairy herd.
My grandfather and his brother ran a 200 head dairy herd until my grandfather’s brother died about 40 years ago. At that time, the amount of land and size of herd was not considered viable.
(It was sold off and the proceeds split between all of my fathers generation of cousins.)
So what that report was REALLY SAYING was that farm had existed 40 years past its viable sell by date.
We are talking EXPORT….which has nothing to do with 40 yrs ago……..
I serious doubt you grandfather had the milking machines like today….and I am sure he did not milk 200 head with just your his brother.
https://www.newhope.com/blog/dairy-cows-produce-61-more-milk-25-years-ago
Above article is not from zerohedge……check it out and see if it has any validity …
No, there were 2 farm-hands, two wives and 4 children.
The number of cows varied also. They increased the number over the years, but other than increasing land values and producing most of their food and fruit for sale, I don’t think they made much of a profit.
I am REPOSTING……just in case others do not go to the other section
TALK ABOUT SICK>>>>>>>>>COMPOSTING HUMANS…………..
What the heck in going on in WASHINGTON STATE………BIG OWL
https://www.zerohedge.com/news/2019-05-03/green-revolution-washington-state-allow-composting-human-beings
Reply to this comment
On May 5, 2019 at 7:16 am,
OOTB Jerry says:
1. Washington State will allow human body composting
It doesn’t get much greener than this.
Staking his presidential run on climate change, the Governor of Washington is set to sign a bill legalizing composting of deceased humans.
Reply to this comment
On May 5, 2019 at 7:17 am,
OOTB Jerry says:
An especially high percentage of the deceased in Washington are cremated, so this alternative will cut down on carbon emissions.
Instead, family members can pay around $5,500 to turn their loved ones into compost, and use the composted-remains to plant a tree.
Hell, why not throw it right into the vegetable garden. Then your loved ones become a part of you.
Friendly reminder though, soylent green is people.
Reply to this comment
On May 5, 2019 at 7:19 am,
OOTB Jerry says:
2. Satanic Temple gets tax-exempt status
Surely a sign that the end times are nigh, the Satanic Temple has successfully gained tax exempt status like any other religion.
The thing is, they aren’t really all about worshipping Satan.
The church was founded as a bit of a joke. The group is meant to protest the meddling of government and religion.
For instance, if government functions start with a prayer, they want to open with a prayer to Satan. And if a courthouse lawn has a ten commandments statue, they want Lucifer spreading his wings right there beside it.
And now they have forced the government to recognize them as a religion, with all the tax exemptions that come with it.
Reply to this comment
Reposting on Composting……..you can not make this stuff up…….. 🙂
Look at who approves the 501c3. IRS
So, if you have a tax exempt church or a tax exempt “educational organization, you can speak the truth.
That’s why most of these 501c3 organizations are just shills. They play the controlled opposition game very well.
That whole game will be exposed and over soon.
Can’t* speak the truth.
OOOPS…..A Fecking Big …..OOOPS…………….Stupid DEMS.
https://www.zerohedge.com/news/2019-05-05/senate-dems-shocked-their-own-poll-showing-70-prefer-kavanaugh-over-rbg
The Mad COW Opens Her Vile Mouth Again. There is no way she is HUMAN.
https://www.zerohedge.com/news/2019-05-04/rachel-maddows-latest-resistance-hero
Mad COw…..she is the typical MOOOron
Moo should get with May….and they can start a herd……of idiot….
If you look beyond the propaganda, you’ll see that the neocons and leftists are one and the same.
Here is your great economy…….autos…..
https://www.zerohedge.com/news/2019-05-05/glut-cometh
Oh, it is from zerohedge……so it does not count…… LOL
Oh, it is from zerohedge…..so it does not count ……LOL
Founding Father Samuel Adams—who, in one the darkest hours of his nation’s birth, when all was still uncertain, stirred to passion his nation’s citizens with these unforgettable words that now echo through time: “If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen.”
http://www.whatdoesitmean.com/index2852.htm
America Is Tearing Itself Apart Because Of Two Historians They Don’t Even Know The Names Of
The “inter-nationalism” Francis Lieber issued his dire warnings about, today we know as “globalism”—a centralist political ideology that seeks to accumulate all power in the state and deprive it from ordinary people—and beginning in the 1970’s, saw the shocking rise in America of the “political fanatics” who supported globalist-centralism and saw them beginning their “intelligent and formulated with great precision” assault upon everything Lieber warned about—best documented by Harvard University historian-professor Jill Lepore, Ph.D.—and in whose seminal book titled “These Truths—A History Of The United States”, warningly declared and asked:
In the 1970s, studying the nation fell out of favor in the American historical profession.
Most historians started looking at either smaller or bigger things, investigating the experiences and cultures of social groups or taking the broad vantage promised by global history.
KER = Great Site . Thanks AL & Cory & the rest of the staff . Great bunch of people on here.